Investing in City Centres To Create Upward Cycle

This week we have had released the Central City Rebuild Blueprint that changes the entrie look and function of what was our city centre which much of it has been under a cordon since February 22nd 2011. The government has invested much resource and time into developing this plan and from all accounts from what we have heard is that most people support the plan as a vision and a way forward for us.

The plan is the start of a transition which inspires more than just us at home. Governments of today do not have just their own country to think about in matters such as the rebuild of Christchruch but they also need to consider in todays Global society which is led by commercial interests which will make up a large part what will attract money back into the city.

Without money there can be no rebuild of the city and the suburbs which are still suffering because of complex land issues and insurance hold ups will not be a place that want to be lived in leaving depleted equity etc and the issues could get worse and worse. The people in these areas had lovely homes and want them to be rebuilt to a level they were before. Which is what anyone would want.

Underlying to this is the social fabric of the wider city and the wider country and world. We want Christchurch to be an attractive place to live and a place that busine

ss will invest so that jobs can continue to be offered after the rebuild is finished. This is what this plan hopefully offers.

In the case study in the link below is from European countries who have changed their whole entire city centres to attract business and people so that the city can flourish.

Europe's city centres are a key element of Europe's competitive advantage in an increasingly globalised world. But what are the critical success factors behind Europe's premier cities? A ULI Urban Investment Network report shows how it is possible to create an upward cycle through investment in city centres.